Far East Consortium Considering Singapore REIT Listing

Market news —

Hong Kong developer Far East Consortium International is studying the possibility of listing an hospitality REIT in Singapore.

Far East Consortium owned 28 operating hotels with about 7,500 rooms at the end of March, with a further 15 properties in the development pipeline, according to its full-year results announcement. Most of them are concentrated in Hong Kong, with the rest spread across mainland China, Malaysia, Singapore, Australia and Europe.